Political Quotes

“I thank the chairman for yielding. Madam Speaker, for one night, let us talk about what is good for this country and not about the other party because it is going to take both parties to solve our problems. As chairman emeritus of the Financial Services Committee, I am very aware of the direct connection between a strong dollar and a vibrant economy so necessary to create jobs, and that is what we need for America--jobs. The U.S. dollar is the reserve currency of the world. Globally, the dollar and U.S. Treasurys are two of the most preferred safe haven investments. Their reserve status has been a benefit and blessing to all of us economically. It has traditionally brought this country good jobs and a higher standard of living. However, the dollar is under attack today. Out-of-control spending, unless addressed, will become more and more of a threat to a strong dollar and our currency. It will continue to erode our economy and cost jobs. However, two wrongs don't make a right. A default would further weaken the dollar, destroy jobs, and be a self-inflicted wound I am not willing to deliver. Therefore, I will be voting ``yes'' on this bipartisan agreement, and I urge my colleagues to do the same.”